Until finally William sparked the idea to build Tokopedia in 2009 with his friend Leontinus Alpha Edison. This urgent situation made his love for the internet world grow. William also had to work part-time as an internet cafe keeper in order to continue to study in Jakarta.īeing an internet cafe keeper made William wrestle with the world of the internet. One of those trials came when in his second year studying Information Engineering at Bina Nusantara University, William’s father fell ill.
Various trials for his education came one after another and forged him for the better. Since graduating from high school, William has migrated to Jakarta to get a better education. He also had to take his education level far from his homeland. William, who was born in Pematangsiantar, North Sumatra, has a simpler background. If many other startup founders come from wealthy families or drop out of world-class universities, William is the opposite. All rights reserved.Especially if you look at William’s unusual and winding life journey. Copyright © 2021 South China Morning Post Publishers Ltd.
For more SCMP stories, please explore the SCMP app or visit the SCMP's Facebook and Twitter pages. This article originally appeared in the South China Morning Post (SCMP), the most authoritative voice reporting on China and Asia for more than a century. Allen & Overy LLP is serving as Tokopedia's legal adviser. "With the acceleration of digitisation in Southeast Asia, we see tremendous opportunities in this region," said Michael Yao, Tokopedia board member and Alibaba senior vice-president.Ĭitigroup is acting as the financial adviser to Tokopedia. Alibaba is the owner of the South China Morning Post. GoTo Group's investors include Alibaba Group Holding, Astra International, BlackRock, Capital Group, DST, Facebook, Google, JD.com, KKR, Northstar, Pacific Century Group, PayPal, Provident, Sequoia Capital India, SoftBank Vision Fund 1, Telkomsel, Temasek, Tencent, Visa and Warburg Pincus.
#Tokopedia indonesia drivers#
"Gojek drivers will deliver even more Tokopedia packages, merchant partners of all sizes will benefit from strengthened business solutions and we will use our combined scale to increase financial inclusion in an emerging region with untapped growth potential," Andre Soelistyo, CEO of the combined GoTo Group said in a statement unveiling the merger. The companies will continue to thrive and coexist as stand-alone brands within the strengthened ecosystem. The two companies first worked together in 2015 to accelerate e-commerce deliveries using Gojek's local network of drivers. Gojek and Tokopedia were both founded over a decade ago and have unlocked the benefits of the digital economy for millions of people across Indonesia and Southeast Asia - including consumers, service providers and merchants of all sizes. The combined GoTo Group claims to have more than 100 million monthly average users. Photo: Bloomberg alt=The Tokopedia logo atop the company's building in Jakarta. The Tokopedia logo atop the company's building in Jakarta. GoTo Group will also further develop its payments and financial services offerings to provide an enhanced financial experience to consumers, drivers and merchants while also expanding to reach more underserved segments in Indonesia, where 140 million people have little or no access to the country's financial system. It also claims to have over 100 million monthly active users (MAU).
#Tokopedia indonesia driver#
The newly formed group had total registered driver fleet of over two million and over 11 million merchant partners as of December.
That deal valued Grab at about US$39.6 billion. The merger comes just over a month after rival Grab Holdings, Southeast Asia's most valuable tech unicorn, said it would go public in the United States via a merger with a special public acquisition company (SPAC). In addition to his group responsibility, Soelistyo will continue to lead payments and financial services, under the new brand of GoTo Financial, which encompasses GoPay as well as the group's merchant and financial services offerings. Kevin Aluwi will continue as CEO of Gojek and William Tanuwijaya will remain CEO of Tokopedia. Based on historical fundraising rounds for Gojek, priced in 2019 and Tokopedia, priced early last year, the combined valuation of both companies was US$18 billion. The highly-anticipated merger is the biggest ever deal in Indonesia and one of the largest between two Southeast Asia-based e-commerce companies.